Vesuvius Plc (VSVS) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Vesuvius Plc (LON:VSVS) have earned an average rating of “Buy” from the ten research firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 634.38 ($8.54).

VSVS has been the subject of several recent analyst reports. Barclays initiated coverage on Vesuvius in a research note on Friday, December 1st. They issued an “underweight” rating and a GBX 500 ($6.73) price target for the company. restated a “hold” rating and issued a GBX 600 ($8.08) price target on shares of Vesuvius in a research note on Friday, September 29th. Peel Hunt restated a “buy” rating and issued a GBX 740 ($9.96) price target on shares of Vesuvius in a research note on Friday, September 15th. J P Morgan Chase & Co upped their price target on Vesuvius from GBX 710 ($9.56) to GBX 730 ($9.83) and gave the stock an “overweight” rating in a research note on Wednesday, November 15th. Finally, Numis Securities restated a “buy” rating and issued a GBX 730 ($9.83) price target on shares of Vesuvius in a research note on Tuesday, November 14th.

Vesuvius (LON:VSVS) opened at GBX 575.10 ($7.74) on Friday. Vesuvius has a 52 week low of GBX 390.80 ($5.26) and a 52 week high of GBX 643.50 ($8.66).

In related news, insider Guy Young purchased 5,454 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was bought at an average cost of GBX 550 ($7.40) per share, for a total transaction of £29,997 ($40,372.81).

COPYRIGHT VIOLATION NOTICE: “Vesuvius Plc (VSVS) Receives Consensus Recommendation of “Buy” from Brokerages” was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this piece on another domain, it was illegally copied and reposted in violation of US and international trademark & copyright law. The legal version of this piece can be read at https://www.dispatchtribunal.com/2018/01/13/vesuvius-plc-vsvs-receives-consensus-recommendation-of-buy-from-brokerages.html.

Vesuvius Company Profile

Vesuvius plc provides engineering services and solutions to steel and foundry industries worldwide. It operates in two segments, Steel and Foundry. The company offers foundry consumables and equipment, including binders, melt shop refractories, coatings, filtration and gating systems, metallurgical and pouring control systems, feeding systems, die dressings and coatings, melt treatment products, crucibles, and ceramics for iron, steel, and nonferrous foundries.

Analyst Recommendations for Vesuvius (LON:VSVS)

Receive News & Ratings for Vesuvius Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vesuvius and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply